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April 29, 2011

Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Asheville, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

March 7, 2011

Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.

Asheville, N.C. -- Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.

Ingle founded the company in 1965 and served as chairman of the board from 1965 until May 2004 and thereafter has served as a director. He has served as CEO since 1965, and president from 1965 until 1982.

His son Robert P. Ingle II has been named his successor.
 

November 30, 2010

Grocer Ingles Markets Inc. reported Tuesday that profit for the fourth quarter rose 63% to $8.5 million, compared with $5.2 million a year ago.

Asheville, N.C. - Grocer Ingles Markets Inc. reported Tuesday that profit for the fourth quarter rose 63% to $8.5 million, compared with $5.2 million a year ago.

Revenue increased 3% to $856 million. Excluding gas, revenue rose 2%. Same-store sales rose 1.8%.

Ingles operates 203 supermarkets in the Southeast.

March 8, 2010

Ingles Markets announced it will repurchase up to one million shares of its common stock....

January 22, 2006

Asheville, N.C., Supermarket...

February 24, 2005

Asheville, N.C., Ingles...